Arfin India (BOM:539151) Cyclically Adjusted PB Ratio: (As of Aug. 26, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:539151 Arfin India Ltd BOM:539151
52 GF Score
Price ₹84.54
GF Value ₹55.09
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Arfin India Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Arfin India  (BOM:539151) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Arfin India Cyclically Adjusted PB Ratio Related Terms


Arfin India Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Arfin India's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Arfin India Cyclically Adjusted PB Ratio Chart

Arfin India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 9.62 4.55 10.56

Arfin India Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 7.32 0.00 10.56 0.00

BOM:539151 vs AA: Cyclically Adjusted PB Ratio Comparison

For the Aluminum subindustry, Arfin India's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Arfin India Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Arfin India's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Arfin India's Cyclically Adjusted PB Ratio falls into.


BOM:539151
52GF Score
Arfin India Ltd BOM:539151
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arfin India Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Arfin India's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Arfin India's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

Arfin India Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.766 105.961 4.369
201612 0.000 105.196 0.000
201703 3.763 105.196 5.987
201706 0.000 107.109 0.000
201709 4.247 109.021 6.520
201712 0.000 109.404 0.000
201803 5.200 109.786 7.927
201806 0.000 111.317 0.000
201809 5.360 115.142 7.791
201812 0.000 115.142 0.000
201903 5.426 118.202 7.682
201906 0.000 120.880 0.000
201909 5.619 123.175 7.635
201912 0.000 126.235 0.000
202003 4.082 124.705 5.478
202006 0.000 127.000 0.000
202009 4.113 130.118 5.290
202012 0.000 130.889 0.000
202103 4.302 131.771 5.464
202106 0.000 134.084 0.000
202109 4.520 135.847 5.568
202112 0.000 138.161 0.000
202203 4.886 138.822 5.890
202206 0.000 142.347 0.000
202209 5.222 144.661 6.041
202212 0.000 145.763 0.000
202303 5.543 146.865 6.316
202306 0.000 150.280 0.000
202309 5.798 151.492 6.405
202312 0.000 152.924 0.000
202403 6.063 153.035 6.630
202406 0.000 155.789 0.000
202409 9.154 157.882 9.703
202412 0.000 158.323 0.000
202503 9.292 157.552 9.870
202506 0.000 159.755 0.000
202509 9.502 162.289 9.799
202512 0.000 163.281 0.000
202603 10.096 164.272 10.286
202606 0.000 167.357 0.000

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Is Arfin India (BOM:539151) Overvalued in 2026?

Based on GuruFocus' analysis, Arfin India stock appears to be overvalued. The current stock price of ₹84.54 is trading 53.5% above its estimated GF Value™ of ₹55.09. GuruFocus considers Arfin India to be Significantly Overvalued.

Key valuation signals for BOM:539151:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹55.09 vs. price of ₹84.54 (53.5% above fair value)
  • GF Score™: 52/100 with 1 warning sign

No single metric tells the full story. See the BOM:539151 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Arfin India Business Description

Other Exchanges ARFIN:India
Address Plot No.118, Ravi Industrial Estate, Behind Prestige Hotel, Billeshwarpura, Gandhinagar, GJ, IND, 382729
Arfin India Ltd manufactures and sells aluminum products in India. It is engaged in the manufacturing, trading, and selling of non-ferrous metals products. The company's product lines include Aluminum Wire Rods, Aluminum Deox, Cored Wire, Alloy Products, Automobile Parts, and Cable and Conductors. It's Aluminum Deox includes Aluminum ingots, Aluminum cubes, Aluminum shots, and Aluminum sticks. The Cored Wire Mill products include Calcium Silicon Cored Wire, Ferro Silicon Cored Wire, Calcium Cored Wire, and Graphite Cored Wire.
52GF Score

Get the complete analysis for BOM:539151

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹84.54
Price
₹55.09
GF Value